VANCOUVER, Washington (August 8, 2018) — SunModo Corporation and Solar Innovations Inc. have agreed to resolve their dispute without further litigation and in a mutually beneficial manner. The Parties agree that it is in all the Parties’ best interests to settle the lawsuits and move forward with their respective businesses, with no assertions of fault against any Party. The Parties have fully resolved all claims and disputes between them and will move forward with a licensing structure which permits each to fully serve its customers and continue to innovate and develop new markets.
SunModo, meaning “the way of the sun,” is a private U.S. company headquartered in Vancouver, Wash. that is focused on innovative racking and mounting solutions for professional installers in the fast-growing solar industry. Energized by a desire to make solar installation easier, more reliable and more affordable, our solar racking solutions are at work in 15 countries, and from Hawaii to Connecticut. Our commitment to innovation can be seen across our entire product line, which includes 18 industry-shaping patents. More information is at www.sunmodo.com or from the company at 360.844.0048.